The Luxembourg Space Agency and the Space Frontier Foundation are organizing the 2nd NewSpace Europe conference on November 27 and 28, 2018 in Luxembourg City. NewSpace Europe is the only annual space conference in Europe to focus solely on the newspace industry and the emerging opportunities in the space sector. Leaders from industry and major corporations, entrepreneurs, investors and representatives from Government Agencies meet in Luxembourg to explore how the space industry can break down barriers to economic growth and fuel the expansion of the commercial space industry with a focus on launch, remote sensing, investment, space-based economy and communications.

Marc Serres, CEO of the Luxembourg Space Agency, stated: "Since decades, Luxembourg's frontrunner approach to focus on supporting commercial space activities has been successful for the country, as demonstrated by its status as a global player in the satellite communications business. The SpaceResources.lu initiative is part of this business-oriented strategy that already attracted numerous newspace companies to Luxembourg and further developed the national ecosystem. Thus, the Grand Duchy's can-do environment makes the country the ideal place to host the NewSpace Europe conference."

"Europe is a leader in the space economy which is fueling job creation through innovation and economic growth globally. The government and people of Luxembourg are committed to leading the European community. We are proud to partner with the Luxembourg Space Agency for another year," said Jeff Feige, Chairman of the Space Frontier Foundation. "This is a critical time to come together to ensure that we are breaking down the barriers to growth."